SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ICGX - Intelcom Group

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: scott bradley who wrote (3)6/23/1997 12:37:00 PM
From: Frank Byers   of 335
 
What do you mean by "co. is in a good position for a takeover bid."?? Are you saying ICGX would be taken over, or would be acquiring someone else? Since they've been raising a lot of cash recently, and the stock is back in the 20's, I suppose they could be in a position to take over some smaller IXC's, CLEC's or maybe an ISP? But I assume you mean they would be acquired by someone else. Who do you have in mind?

Been in and out of this one several times for a profit, and recently bought some at 11, so I'm a happy camper. I expect the recent interest by ATT in SBC had to help the CLEC's quite a bit, and maybe since it looks like ATT won't be taking over an RBOC could be they will just have to buy a lot of little CLEC's! Hope so...

FB
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext